we have managed to drive all foreign investments with absurd demands on foreign companies and the retrospective changes in tax laws. no one trusts the government or the party in power.. we were foolish in assuming that we had become so powerful economically that we can dictate terms, tax the foreign companies whimsically. now back to the begging game.. please invest...please come...it is going to take lot of time and effort now to convince foreign investors... and the people will pay the price.. friends get ready for inflation dose again...
Oh, My dear country men,It is not deficit financing. it is deficit of credibility and deficit of white of market. Black money, un accounted trade, top it with corruption has taken the toll. it is not the Furry of gangaji , but it is the what we have done onthe shores of gangaji, in the name of development and turisam ? we stil carry on such activity in every such water ways, it will get repeated, till happens no one will voice. Rupee will go to even 100 per doller if we donot control corruption and black money. but the present political neats cannot live with out black money and free the country of corruption? I doubt Even GOD could not save INDIA ?
The sardi has completely ruined the country, every parameter is negative, the earlier he goes, the better for the country. Prices of diesel will shoot up, petrol will touch 100 and inflation will touch 20-25 %. Some laughable economists will suggest that this is all good for the country and the dollar should reach rs 80.
Deficit financing is the root cause of weak currency and the inflation.if the PSUs are privatized & divested, then deficit financing will be arrested! If the Tax structure is lowered then Industries will flourish! Only SAMAZ WAD SE SAAWADHAN!
Re: india and indians will be our slaves for generations
by Arun Jani on Jun 26, 2013 06:08 PM
Dear! the govt has power to Nationalize any thing & everything. Remember the nationalization of Banks & AirIndia
where our dream will come true , we will rule over india and indians forever , my dream to see 300 inr for usd ... now no one can stop me from ruling this india and indians
